http://www.cheaploans.co.uk/forum/ The CheapLoans.co.uk Community Forum Tag: House market crash en Wed, 08 Feb 2012 00:28:01 +0000 http://www.cheaploans.co.uk/forum/topic/house-price-crash-fears#post-34 Mon, 02 Jun 2008 13:00:09 +0000 quasai 34@http://www.cheaploans.co.uk/forum/ <p>I totally agree with big steve in that the media is hyping this up in a big way but unfortunately it is this hype that will crush consumer confidence in the market and will in turn cause a downward turn in property prices. I think its hard to predict just how much of a drop there will be over the coming years but id say 10% this year alone is very possible. </p> http://www.cheaploans.co.uk/forum/topic/house-price-crash-fears#post-24 Sat, 24 May 2008 10:20:51 +0000 Big Steve 24@http://www.cheaploans.co.uk/forum/ <p>I wouldn't worry to much. Mighy Mouse makes a good point in that it all depends on how long you plan on livin there. If there was a property market crash, it wouldn't make much difference if you didn't plan on moving for a long time but then again if a drop of 10% put you into negative equity situation then I suppose it would. Personally i think the media is blowing things way out of proportion (as usual)... </p> http://www.cheaploans.co.uk/forum/topic/house-price-crash-fears#post-21 Fri, 23 May 2008 22:38:14 +0000 mightymouse 21@http://www.cheaploans.co.uk/forum/ <p>Its a tough decision to make especially when Government Ministers are flashing documents expecting a 5 - 10% drop or worse. If this drop was across all housing then this would make buying now difficult, but I would imagine that certain areas and house types could hold up well. Probably best to have a very close look at the current market in the area your buying and you could pick up a bargain.</p> <p>Also when we bought our current house 9 years ago we knew that with a young family that we wanted the best house in the area we could afford as we intended to stay for many years. At the time future prices weren't important. Remember a market crash would only effect you if you have to sell before prices have time to recover. </p> http://www.cheaploans.co.uk/forum/topic/house-price-crash-fears#post-20 Fri, 23 May 2008 20:02:10 +0000 Monty Don 20@http://www.cheaploans.co.uk/forum/ <p>Hi,</p> <p>Im in the process of buying a new house however i'm starting to get a bit nervous that their might be a market crash. Friends of mine seem to think im a bit mental buying at the moment and i just wondered what everyone else thinks? or more to the point has anybody else been put off buying right now??? </p>